E214: Ujwal Velagapudi: Buying Unique Businesses and Building a Diverse Portfolio

How2Exit: Buy, Don't Build - M&A of Small Businesses

Watch Here: https://youtu.be/h0j-pszDqAM

About the Guest(s):
Ujwal Velagapudi is a seasoned entrepreneur with a rich background in mergers and acquisitions, real estate investments, and a vast array of business ventures across multiple industries. Hailing from Detroit, Ujwal began his investment journey with a striking purchase in the city's real estate market and gradually expanded his portfolio to include a diverse collection of businesses, from a sports bar to a virtual assistant agency. With a hands-on approach and a keen eye for unique and thriving opportunities, Ujwal has amassed experience in buying businesses, navigating off-market deals, and growing them successfully with a spirit of innovation.
Summary: In this podcast episode, host Ronald Skelton talks with Ujwal Velagapudi, a merger and acquisition expert known for turning investments into thriving businesses. Ujwal shares his journey from Detroit real estate to diverse business acquisitions, detailing his negotiation tactics and strategic investment approach. He discusses his criteria for selecting businesses, focusing on those with attractive cash flow, solid management, and unique or low-risk opportunities.
Key Takeaways:

• Trusting one's instincts and conducting thorough vetting are paramount when considering business acquisitions, particularly when dealing with sellers.
• It's essential for businesses to have a solid operational foundation, including management teams in place, for investors like Ujwal to consider them promising opportunities.
• The significance of recurring revenue models and industry longevity are emphasized as prime factors when evaluating the potential of a business.
• Ujwal highlights the importance of deal flow, seeking enough opportunities to discern truly exceptional deals.
• He also advises aspiring entrepreneurs and investors to jump into the field, start making contacts, and learn through hands-on experiences.

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Contact Ujwal on
X: https://twitter.com/UjwalVelagapudi
Website: http://ujwalvelagapudi.com/
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How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton
The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
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▶️Previous Episode: E212: Unveiling the Secrets of Main Street M&A: Insider Tips from M&A Veteran Carl Allen - https://youtu.be/EWiuR9dzyVM
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